Rester Management
1117 Ste-Catherine O., Suite 303 Montreal, QC, H3B 1H9
212 W 124th St #19a New York, NY 10027
People:
Rester Management NYC portfolio
$251.3 million -elevator 76%, development 10%, specialty 5%; Manhattan 74%, Brooklyn 25%*
818th largest portfolio by dollar value
283,500 sqft – elevator 80%, specialty 12%, hotel 5%; Manhattan 59%, Brooklyn 40%
1237th largest by SF
6 properties – Manhattan 50%, Brooklyn 50%
1618th largest
230 residential units – Manhattan 73%, Brooklyn 26%
1038th largest by residential units
Company Activity past 24 months:
Borrower company: 3 for $141 million
Top Ten Associated Companies:
Canadian Imperial Bank of Commerce (5), Dwight Capital (1), Marcal Group (1)
Top Ten Associated People:
Michael Faccone (1), Lucas Zawislak (1), John-John D’Arsenio (1), Mark Caller (1)
Recent activity as company:
• Rester Management and Carthage Advisors borrowed $113.9 million from Dwight Capital for 254 West 124 Street on April 27, 2026.
• Rester Management borrowed $7.5 million from Canadian Imperial Bank of Commerce for 1177 Bergen Street on September 22, 2025.
• Rester Management borrowed $19.6 million from Canadian Imperial Bank of Commerce for 22 West 116 Street on September 09, 2025.
• Rester Management for Eliezer Fried filed plans for major alteration for 44,791 sqft in Williamsburg, Brooklyn, on February 28, 2024.
• Marcal Group and Rester Management sold 3264 Westchester Avenue for $57 million to Marcal Group on March 08, 2023.
• Rester Management borrowed $6.6 million from Canadian Imperial Bank of Commerce for 148 East 40 Street on March 31, 2022.
• Rester Management borrowed $10 million from Canadian Imperial Bank of Commerce for 198 Albany Avenue on October 04, 2021.
• Rester Management borrowed $31.3 million from Canadian Imperial Bank of Commerce for 186 Lenox Road on December 18, 2020.
• Lanza family sold 148 East 40 Street for $5.8 million to Rester Management on December 12, 2019.
Latest Stories:
• $28.75M pre-foreclosure filed against Pelham Bay new development (October 02, 2023)
• Borough Equities files plans for 46-unit hotel in Harlem (October 26, 2022)
• Lanza family sells landmarked property in Murray Hill for $5.8M (December 19, 2019)
Properties:
